New Rocky Mountain Institute paper on accelerating solar power adoption

May 14, 2009 |

For solar power to become a significant contributor to

energy supply, and hence greenhouse gas emissions

reductions, the industry has to achieve high annual growth

rates for decades. The challenge cannot be overstated,

especially once subsidies can no longer be relied upon to

drive industry growth. Several barriers, including high costs,

lack of reliable demand, supply chain dynamics, and utility

integration issues, threaten to prevent adoption rates from

rising as fast as is required. In particular, high costs are a

major barrier, since solar power must soon be cost

competitive unsubsidized. Fortunately, large cost reduction

potential is available, which has not been captured during

the hectic expansion of the industry.



 

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